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Polkadot

avoid.net/polkadot43/100·78% conf.
anchored·3uesdi…haCj

Summary

Polkadot (DOT) is a multi-chain protocol founded by Gavin Wood, ranked #41 by market cap (~$2.3B). The project faces significant headwinds: a $133M treasury overspending crisis (projected 2-year depletion), the 2017 Parity wallet freeze that locked ~$98M of ICO proceeds, an April 2026 Hyperbridge exploit minting $1B in fake bridged DOT (losses ~$2.5M), and steep ecosystem decline with active parachains dropping from 200+ to ~30. No SEC enforcement actions exist, and ETF applications are under review.

Connected Entities

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Polkadot
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    Have evidence about Polkadot?

    Timeline(8 events)

    2017-10-15

    Polkadot ICO raises $145M

    coindesk.com

    2017-11-06

    Parity wallet bug freezes ~$98M of ICO proceeds permanently

    coindesk.com

    2020-05-26

    Polkadot mainnet launches

    wikipedia.org

    2023-10-23

    Parity Technologies lays off 30% of staff

    bloomberg.com

    2024-07-02

    $133M treasury spend reported; 2-year depletion projected

    coindesk.com

    2025-02-01

    W3F CEO steps down after 16-month tenure

    thedefiant.io

    2026-03-01

    Hard DOT supply cap of 2.1B enacted

    medium.com

    2026-04-13

    Hyperbridge exploit: ~$2.5M stolen via fake bridged DOT

    coindesk.com
    Provenance & Audit Trail

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.

    model: claude-code-investigator

    generated: 5/13/2026, 3:21:17 AM

    last updated: 6/3/2026, 2:06:01 AM

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